Tim Bradley President CO Group - Kinder Morgan

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2012 Executive SummaryCapex Program $437 MM (a)CO 2 S&T – $134.8 MM• Drill 11 wells• Debottleneck Gathering System (22+ miles of pipe)• Order additional Compression (32,000 horsepower)• Produce 1,260 MMcf/dSACROC Complex – $119.7 MM• Activate 27 patterns• Initiate work on Platform 3• Purchase 100 MMcf/d, Produce 27.9 MBbl/d oil, 17.4 MBbl/d NGLYates – $26.1 MM• Drill 30 wells on West side• Add 33 CO 2 injectors• Purchase 115 MMcf/d, Produce 21 MBbl/d oilKatz – $39.5 MM• Add 9 patterns• Purchase 57 MMcf/d, Produce 2,267 Bbl/d oil$350MM DCF$747MM DCF$240MM DCF$26MM DCFTotal $320.1 MM capex (exc overhead / CO 2 purchases) (a) Total $1,365MM DCF (b) 6__________________________(a) Included in $437 million total capex program are overhead and CO 2 purchases, in the aggregate, of approximately $117 million(b) Includes minor properties, unallocated costs
Impact of Oil Price / Volume Variance on 2012 DCF2012 Budget: $1,365MMVolume +/– 1,000 Bbl/dSACROC / KatzYates$26.6MM$14.4MMPrice +/– $1/Bbl WTICO 2NGLCrude$1.6MM$2.5MM$1.7MM$5.8MM__________________________Note: Unhedged WTI price presumed to average $93.75/b, WTI-WTS spread = $2.34, NGL = 69% WTI7
Page 2: History of CO 2 Group and Looking F
Page 5: 2012 Expansion Capital Budget - $43
Page 9 and 10: CO 2 Source & TransportationGrowing
Page 11 and 12: Demand Growth and Regeneration5-yea
Page 13 and 14: St. John’s CO 2 Source Opportunit
Page 15 and 16: Oil & GasBasis for Hedging PolicyOi
Page 17 and 18: Oil & Gas, and Business Unit IRR35%
Page 19 and 20: SACROC Production & Operations High
Page 21 and 22: Yates ProductionSteady25,00020,0001
Page 23 and 24: Katz CO 2 ProjectSolid oil response
Page 25: Historical Long-term OutlookThe bes

Tim Bradley President CO Group - Kinder Morgan

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